Are you ready for Black Monday?
>>60999979I wouldn't have fallen for that crash
Snarky snappy vvon4cucka, you will die in your own excrement
>>60999979What will be the reason?
>>60999979don't you mean NIGGER MONDAY?
>>61000207yes excuse me, i meant nigger monday
>>61000207
>>60999979I’m short, but I’m not feeling awesome about it. It’s so rigged that there’s no point in even trying to figure it out. It’s so rigged that they’re able to entice you into believing you have some trend or reversal figured out. And then such people structure a position; and then they simply peg prices wherever they want. Watching Tsla rip 20 points higher today was so unfathomably depressing. A company at 265 PE, cratering sales, cratering outlook, facing a multibillion dollar recall, poorly managed, unappealing products…and it’s doubled in price in the last couple months. And today, in muted market action, it rips 5% for 20 points. And Tsla isn’t the exception. This whole AI thing is basically a total grift. No volumes. All selling. Even the Fed chair comes out to say prices are too high. The bond rises after he cuts. And nothing happens…ever …except an endless float and kikes all get inside information…it’s all done contrary to good sense in order to maximize profits. The market will probably never drop. A pause is now a correction and buyable dip. The most valuable asset in the world is a memecoin. BTC. It’s all so tiresome. I’m so fed up with it all. I think that’s why i usually look for short. I see a massive bear market as the beginning of the restoration of sanity in the world. But sanity and truth are what the Jews abhor most of all. And so we’ll never see any vestige of it so long as they’re around us and control what the normies know and think.
>>61000657You’re a dipshit for not seeing bitcoin for what it is
>>61000687That’s the problem, I do see it for what it is. It’s a product of Intel — specifically the NSA. It was made as a pressure release valve for gold; as they were clearly anticipating the destruction of the dollar. It’s part of a grand and overarching strategy to completely fleece the population of all real wealth. A digitally encoded bit is not a store of wealth. That’s an absurd proposition. I’m far from a gold bug or PM guy. So I’m not shilling alternative positions here. I’m telling you the BTC is con job. You see it the way you do because the ephemeral earnings flashing on your computer screen have seduced your good sense. Sure you “can” but real things by converting those bits, but will you? More than likely, you will not. All the things you told yourself you’ll someday buy when you reach such and such a number will never be bought. For one thing, you will forever raise that number and never convert; for it’s the fantasy of it all you prefer. It also gives you a sense of security. It is a highly emotional relationship you have with this thing and you therefore cannot think of it objectively. Do you not see what Uncle Sam has don’t to all of you? He’s turned you into a flock of wealth accumulation Borgs. You let your assets sit on an exchange and those bits are hypothecated into exotic financial instruments and sold. And at some point, after all the derivatives of your winnings are sold and resold and pledged four different ways, the rug will be pulled. You’ll be Luna’d. Deep in your heart, you know it’s true. They can turn that shit off on a whim. But your fantasy world and your security blanket are integrated into that blockchain…and you are a slave to it. I wonder how much lush farmland you could buy with your winnings right this very instant. Or any real assets. But you’ll won’t. They don’t embody the fantasy and security of BTC. See, I do understand it perfectly.
>>61000720No actually, you still don’t get it. Gold will eventually be made in a lab, or mined from asteroids. It’ll be as cheap as toilet paper. People will value true, credible scarcity.>They can turn that shit off on a whimAgain, not how it works.
>Gold will eventually be made in a labThen matter will be the unit of value. If you have unlimited energy and you can convert one atom into another then you'll just need atoms. Bitcoin is ethereal and will have no value.
>>61001557I don’t think you understand bitcoin or crypto at all. You sound like a boomer from 2017.
>>61001575Cope. I first bought BTC under $1000. I understand BTC plenty.
>>61001544>Gold will eventually be made in a labIt's not possible without using an insane, a truly insane amount of energy. Gold is a base element, you can't assemble it from other things like you can with gemstones, the only way to make elements is to fuse other elements together. With the way physics works in our reality, any element bigger than iron(26 protons) requires excess energy to fuse together and any element smaller than iron creates excess energy when fused together. With really big elements like gold(79 protons) it takes so much energy and pressure to fuse that it's only made when a star explodes in a supernova. This concept is how we figured out that it was possible to make nuclear bombs, if you split an element heavier than iron in a nuclear reaction then it gives up all the energy that was used to fuse it and it's enough energy in a couple of kilograms of material to level a city.Even if we could make it in a lab, the cost of energy would far exceed the value of the gold, it's real proof of work unlike coins which are just ones and zeros that can be modified at whim.
>>61001674Even if that’s out, there’s quintillions of tons of it in the asteroid belt.
>>61001544> Gold will eventually be made in a lab, or mined from asteroidsYou are even dumber than the anon you’re arguing with
>>60999979In two weeks.
>>61001690Aluminum used to be more valuable than gold. Napoleon allowed his most cherished guests to use aluminum cutlery. The plebs used gold and silver. Then it became easier to extract and now you use it to cover your leftovers. But you’re going telling me with a straight face that we won’t have robots bring gold back to Earth from the asteroid belt? We’ve already landed on asteroids and extracted samples.
>>60999982You would've lost your job and been waiting in the breadlines. If this were to happen again now, there wouldn't be any free bread, soup or coffee for the unemployed. We've gotten greedier as a society and hateful towards one another.
>>60999979bruk munduy?
>>61000207>>61000214>>60999979why wait til NIGGER MONDAYwhen we have a perfectly good NIGGER SATURDAY and coming up next a NIGGER SUNDAY
>>61000657This guy gets it. It's all a rigged game. Real things have value, and you can't go wrong just investing in real things you need in life, first, before you even begin to gamble in their casinos. It makes me laugh, people investing, when you could have just bought a house at 3% interest, and inflation would have made you a winner anyway. lol
>>61001746>But you’re going telling me with a straight face that we won’t have robots bring gold back to Earth from the asteroid belt?Not anytime soon. I'd suggest spending more time being worried about quantum computing.
>>61001821I mean, back when I was a kid it was expected we’d go to Mars by 2065. Now it’s 2035. Watch out. People always say “muh quantum computing” but it’s been discussed since 2010. It’s a non issue. And even then, it would take a state actor to do it with massive resources and they’d find that their bitcoin is worth far less as a result. So they’d really just break bitcoin for the laughs. And I just don’t buy that.
>>61000242based
>>61001851>So they’d really just break bitcoin for the laughs. And I just don’t buy that.Or for financial war.
>>60999979Should be called white bitch Monday cuz all the white trash filth crying like bitches but we all know white roaches can’t live without bbc
>>61001762No I wouldn't have
>>61001544Lab made gold will be more expensive to produce than the real shit. It’s more likely that bitcoin gets hacked by quantum computers
>>61001681Do you realize how inefficient our space program is right now? And with the influx of 3rd world 79iq brownoids no country or corporation will ever be able to get to mars, Much less a large scale mining operation on the asteroid belt (which would take years to even undergo an operation, much less even start one). Asteroid mining FUD is just like quantum computing for crypto. Lots of promises that will forever be undeliverable.
>>61001925>yeah, we’re going to just let North Korea take our bitcoin rather than moving to a quantum-resistant forkThis is the dumbest cope. Like out all reasons to not buy bitcoin this is the dumbest. Worry about your fucking bank account first dude.>>61001937>our space programYou realize SpaceX and Blue Origin are going to dominate the solar system by 2050 right?
>>61000207There will eventually come a Monday where everything does crash, and it will officially be known as Nigger Monday
>>61000657Have you considered the possibility that your analysis is incorrect, or that your sources of information are biased?
>>61002176>You realize SpaceX and Blue Origin are going toTwo more weeks bro.
>>61002432Serious question: are you yanking my chain or are you dumb? Or do you not read the news, ever?
>>60999979it does feel like a crash is coming, esp. considering the hyperinflated AI meme that makes the AI companies almost no money...but what do I know, I'm just some random retard that works in tech>>61000242can someone explain this meme to me pls
>>61000207>>61000214>>61000242>>61001788>>61002307>>61001876>>61002568>WHO NIGGER NUKED MY BAGS???
>>61001821>quantum computing.What is the use case of quantum? With their 100 bits of information storage available to quantum algorithms.Let's hear it. Top minds of CS have not found use cases yet, but maybe you have
>>61001762>We've gotten greedier as a society and hateful towards one another.No, our countries got flooded by low trust subhuman that's all. That breadline for the unemployed would be full of jeets going around several times and reselling the stuff.
>>60999979$100 did a lot of stuff back then, now you can't even buy a full booster box of Pokemon with $100.
>>61002403Yes. But at a certain point you have to act. I could doubt myself into paralysis. We do the best we can and learn along the way. That’s how the game is played. I do indeed believe a major downturn is right in front of us. It’s either a semi serious correction followed by one last insane blow off top, or it’s the final drop before toxic debt and derivatives are purged from the system.
>>61000720>a product of Intel — specifically the NSA.I cant believe how effective this piece of decade old fud still is to this daytruly beautiful
>>60999979Nothing ever happens
>>61004240Why are doomers like you even on an investing boardSo you are literally calling for the total end of the world because that is what happens when the debt endsSo why are you posting here rather then tending to your goat in your mountain compoundI am even willing to bet you are completely dependent on an urban job to live and as such living in complete opposite to your world view
>>61004301I’m not a doomer. I know the market will eventually recover and go up; and that is not only my expectation, it is my hope. I’m not calling for anything, I’m instead assuming math has some say in markets at some point. We live in a debt based system, a system predicated on the boom/bust cycle. It’s literally impossible to form a system based on perpetual boom. As such, bust has to follow boom; and the magnitude of the latter is always proportional to the former. It is instead you who’ve confounded your investment strategy with some vague and poorly formed worldview. You seem to believe that being a perma bull is somehow moral, ethical or even patriotic. It’s none of those things. It’s instead blinkered and idiotic. There are certain savage tribes wherein morbid obesity is a status symbol. That is the emblem of your thinking. A bloated, corpulent market is not a healthy market. Outrageous and abused asset valuations make for distortions and inefficcies in markets and inhibit the proper (and healthy) allocation of capital. You are a myopic fool. I make good money and I live in a rural area. If your market analysis is as keen as your insights into me, I’d say you need to restructure your position. And that’s not what happens when the debt ends. It is apocalyptic for shitty, cadaverous companies that are nothing but meme and parasitic leeches. I hope all such enterprises go belly up. Makes room for the healthy and independently vital. You sound weak to me. I’m betting you work in some nonproductive capacity; though I’m sure you flatter yourself otherwise. For otherwise, you would not only not fear such a correction, you would welcome it.
>>61001544Gold can be made "in a lab" already. If we could do it cheaply then our society would probably not care about bitcoin, gold or money in general.
>>61004622Well holy wall of projection there anonNow you called for the end of toxic debt and derivativesClearly not realizing those things are what puts food on your table and without which there would be no foodThe only exception to this is total self sufficiency which you dont have cause you admitted to having a job, thus your investment thesis is 'i will profit of my own death' a most foolish strategyNow i have said so here before many times, but yet again look to Argentina and turkey for exactly how long a reasonable functional country can run with printed money and all the distortions thereofProtip anon: its decadesAnd to the rest of your diatribe, i can assure you i do not have job, havent in while even
>>61004240>That’s how the game is played.Are you sure you're playing the right game?A bear and a bull will both be correct eventually. But you're trying to time the bear market by being short, in a small time frame. Small time frames are inherently more about sentiment. You're not as rational as you are presenting yourself to be.Just looking at what you wrote about Tesla. Forget what the long term view of it is. Their sales are being pulled forward in Q3. If you short them now, you're not betting on Tesla going bankrupt. You're betting that institutions aren't going to react positively to the immediate Q3 results. Does that really make sense?
>>61004622>being a perma bull is somehow blahAlso to clarify this point permabulls are always right over the long time frame whereas permabears are extinctThe bulls have the advantage that holding spot is free and cant be liquidated so they can just hold through any market turmoilWhereas bears are always at risk of going to zero and there is no recovery thereYou yourself are engaging in a widowmaker trade namely shorting tesla, as has been for years, there gave been people calling tesla a hyper bubble at 10% of its current valuationSo other then tech stocks are expensive and debt is toxic, what exactly are the data points you are using to conclude a crash is very imminent Cause i'll take the opposite of that, the usa is coming out of a recession and into a new macro uptrend now
